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In many states, public employee pension plans are known as Public Employee Retirement Systems (PERS). Pension benefits may or may not be changed after an employee is hired, depending on the state and plan, as well as hiring date, years of service, and grandfathering .
5 big-ticket purchases retirees often splurge on in retirement only to regret it — plus what to do instead. There’s a reason why the early days of retirement are called the Go-Go years. If...
The Los Angeles County Employees Retirement Association (LACERA) is an independent Los Angeles County agency that administers and manages the retirement fund for the County and outside Districts (Little Lake Cemetery District, Local Agency Formation Commission for the County of Los Angeles, Los Angeles County Office of Education, and South ...
One solution for some workers: investment options that provide guaranteed retirement income in their employer-provided retirement plan.
Here’s how to invest your money after retirement so it can continue to last you through your golden years. 1. Calculate your retirement expenses. When you were saving for retirement, you were ...
Contra Costa County Employees' Retirement Association (CCCERA) is a retirement association for Contra Costa County, California's public employees. It provides defined benefit plans to the county and other local agencies.
The table below contains information from a biannual SSA report that was last updated in December 2023. It details the average Social Security benefit paid monthly to retired workers between ages ...
The Civil Service Retirement System (CSRS) is a public pension fund organized in 1920 that has provided retirement, disability, and survivor benefits for most civilian employees in the United States federal government.
The “silver tsunami,” or the mass retirement of Boomers, may cause serious changes to our workplaces and incomes. Currently, baby boomers–those aged 65 and older–make up approximately 17% ...
School District 62 has a long-standing tradition of honoring employees who have achieved twenty-five years of service and are retiring. Ten 25-year employees and three retirees were honored at a ...